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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest income:    
Interest and fees on loans $ 52,542 $ 50,534
Interest on taxable securities 5,679 6,673
Interest on tax-exempt securities 1,618 1,244
Interest on interest-bearing deposits in other banks 240 1,112
Total interest income 60,079 59,563
Interest expense:    
Interest on demand - interest-bearing 313 480
Interest on money market 1,246 1,599
Interest on savings 340 493
Interest on certificates of deposit 1,741 1,977
Interest on FHLB borrowings 5 247
Interest on other borrowings 731 806
Interest on junior subordinated debentures 248 426
Total interest expense 4,624 6,028
Net interest income 55,455 53,535
Provision for loan and lease losses 5,250 0
Net interest income after provision for loan and lease losses 50,205 53,535
Noninterest income:    
Payroll and benefit processing fees 647 669
Life insurance 521 536
Gain on sale of investment securities, net 482 186
FHLB dividends 369 507
(Loss) gain on sale of OREO (23) 62
Other income 286 336
Total noninterest income 4,052 4,184
Noninterest expense:    
Salaries and related benefits 21,262 20,804
Premises and equipment 3,597 3,752
FDIC insurance premium 332 91
Data processing 2,281 2,535
Professional services 1,437 1,539
Telecommunications 658 737
Acquisition and merger 0 2,193
Other expenses 5,410 5,604
Total noninterest expense 34,977 37,255
Income before provision for income taxes 19,280 20,464
Provision for income taxes 5,116 5,503
Net income $ 14,164 $ 14,961
Earnings per share - basic (in dollars per share) $ 0.84 $ 0.83
Weighted average shares - basic (in shares) [1] 16,918 17,956
Earnings per share - diluted (in dollars per share) $ 0.83 $ 0.83
Weighted average shares - diluted (in shares) 16,963 18,024
Deposit Account [Member]    
Noninterest income:    
Revenue from Contract with Customer $ 636 $ 730
Credit and Debit Card [Member]    
Noninterest income:    
Revenue from Contract with Customer $ 1,134 $ 1,158
[1] Excludes unvested restricted shares because they do not have dividend or voting rights.